Rare Earth Stocks Rally as US-China Spat Fuels Supply Fears

Rare earth stocks extended recent gains as fresh tensions between Beijing and Washington over China’s exports of the critical minerals fueled bets on alternative suppliers.

China and the US were locked in a spat after US President Donald Trump threatened massive tariffs on Chinese goods in response to Beijing’s plans to fortify its export controls. Separately, an Australian newspaper reported potential plans for a broad rare earths deal between Australia and the US.